Morningstar

T. Rowe Price Institutional Floating Rate Fund Class F PFFRX

Morningstar Medalist Rating
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Medalist Rating as of See T. Rowe Price Investment Hub
  • NAV / 1-Day Return $9.15  /  −0.11 %
  • Fund Size $4.8B
  • Adjusted Expense Ratio 0.700%
  • Net Expense Ratio 0.700%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Bank Loan
  • Fixed-Income Style Box (Funds) Low/Limited
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 6.73%
  • Average Effective Duration 0.65 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PFFRX

Will PFFRX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PFFRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PFFRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PFFRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A winning formula.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

T. Rowe Price Floating Rate’s well-earned spot among the best bank-loan strategies reflects strong leadership, deep experience, a formidable supporting cast, and a time-tested approach.

by Paul Olmsted
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Portfolio Holdings PFFRX

More PFFRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
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